🟢 Alibaba Group is trading 4.2% up today after unveiling its Qwen3.8 Max AI model

Alibaba Group is trading 4.2% up today at ARS 21,010 after investors reacted positively to the preview launch of its flagship Qwen3.8 Max AI model.

• The 2.4-trillion-parameter system is being positioned as one of the world’s most powerful AI models, described by the company as second only to Anthropic’s Fable 5.
• The launch is significantly boosting sentiment around the company’s AI strategy, coinciding with a broader rally across the technology sector.